Kevin Rubin Sells 3,000 Shares of Zscaler (NASDAQ:ZS) Stock

Zscaler, Inc. (NASDAQ:ZS) CFO Kevin Rubin sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $124.22, for a total transaction of $372,660.00. Following the transaction, the chief financial officer directly owned 41,901 shares of the company’s stock, valued at approximately $5,204,942.22. This represents a 6.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kevin Rubin also recently made the following trade(s):

• On Tuesday, June 16th, Kevin Rubin sold 1,686 shares of Zscaler stock. The stock was sold at an average price of $126.43, for a total transaction of $213,160.98.

Zscaler Stock Up 6.8%

Shares of NASDAQ:ZS opened at $132.26 on Friday. The firm has a fifty day moving average price of $141.59 and a two-hundred day moving average price of $168.93. The company has a market cap of $21.39 billion, a price-to-earnings ratio of -275.54, a PEG ratio of 82.69 and a beta of 0.97. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.86 and a quick ratio of 1.86. Zscaler, Inc. has a one year low of $114.63 and a one year high of $336.99.

Zscaler (NASDAQ:ZS) last released its quarterly earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.07. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The firm had revenue of $850.48 million for the quarter, compared to analysts’ expectations of $835.14 million. During the same quarter in the prior year, the firm posted $0.84 earnings per share. The business’s quarterly revenue was up 25.4% on a year-over-year basis. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Analysts anticipate that Zscaler, Inc. will post 0.11 EPS for the current fiscal year.

Institutional Trading of Zscaler

A number of hedge funds have recently bought and sold shares of ZS. Westpac Banking Corp grew its stake in shares of Zscaler by 919.0% in the third quarter. Westpac Banking Corp now owns 9,986 shares of the company’s stock worth $2,992,000 after purchasing an additional 9,006 shares during the last quarter. Korea Investment CORP increased its position in Zscaler by 24.0% during the 3rd quarter. Korea Investment CORP now owns 98,370 shares of the company’s stock valued at $29,478,000 after purchasing an additional 19,026 shares during the period. Qsemble Capital Management LP raised its stake in Zscaler by 105.5% in the fourth quarter. Qsemble Capital Management LP now owns 15,773 shares of the company’s stock worth $3,548,000 after buying an additional 8,099 shares in the last quarter. Oxbow Advisors LLC purchased a new position in shares of Zscaler during the 4th quarter worth approximately $2,939,000. Finally, Vinva Investment Management Ltd raised its position in shares of Zscaler by 136.1% in the 3rd quarter. Vinva Investment Management Ltd now owns 11,347 shares of the company’s stock worth $3,400,000 after acquiring an additional 6,541 shares in the last quarter. Institutional investors own 46.45% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ZS. Scotiabank dropped their price target on Zscaler from $190.00 to $175.00 and set a “sector outperform” rating for the company in a research report on Wednesday, May 27th. Berenberg Bank set a $200.00 price objective on shares of Zscaler in a research report on Thursday, May 28th. UBS Group lowered their target price on shares of Zscaler from $260.00 to $225.00 and set a “buy” rating on the stock in a research note on Wednesday, May 27th. Wells Fargo & Company cut their price target on shares of Zscaler from $210.00 to $180.00 and set an “overweight” rating for the company in a research note on Thursday, May 28th. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a $210.00 price target on shares of Zscaler in a report on Thursday, June 11th. Thirty-four analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $213.97.

Trending Headlines about Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Zscaler announced a multi-year partnership with Aston Martin Aramco Formula One Team, which will use Zscaler’s Zero Trust Exchange platform to secure sensitive design, strategy, and race data. Article Title
• Positive Sentiment: Zscaler CEO Jay Chaudhry highlighted AI as a major cybersecurity opportunity, reinforcing the company’s positioning in a fast-growing market. Article Title
• Positive Sentiment: Another report said AI could create the biggest cybersecurity opportunity in years, which supports the investment case for Zscaler’s AI-era security platform. Article Title
• Neutral Sentiment: Market commentary noted Zscaler had only a modest post-earnings move, suggesting traders are still assessing the company’s near-term outlook. Article Title
• Neutral Sentiment: Pomerantz LLP said it is investigating claims on behalf of Zscaler investors, which may add headline risk but does not by itself confirm wrongdoing. Article Title
• Negative Sentiment: Zscaler CFO Kevin Rubin sold 3,000 shares under a pre-arranged trading plan, which can still weigh on sentiment even though the sale was routine. Article Title

Zscaler Company Profile

Zscaler is a cloud security company that delivers a cloud-native platform to protect users, applications and data as organizations move away from traditional, network-centric security architectures. The company focuses on a zero trust approach that assumes no implicit trust for users or devices, providing secure access to the internet, SaaS applications and private applications regardless of where users are located. Zscaler positions its services as an alternative to legacy appliances and site-centric VPNs, aiming to simplify security while enabling modern, distributed workforces.

Key offerings are built around the Zscaler Zero Trust Exchange, a multi-tenant cloud platform that enforces security and access policies in-line.